Ratan Tata enlisted into Automotive Hall of Fame for 2015
Published By : 27 Jul 2015 | Published By : QYRESEARCH
Ratan Tatan, the ex-chairman of the Tata Group, is one of the most celebrated names in the automotive industry, not only in India, but worldwide. To commemorate his lifelong contribution to the thriving auto industry, the Chairman Emeritus of the Tata Group has been inducted into the 2015 Automotive Hall of Fame. The ceremony happened in Detroit, USA last week on July 23, 2015. In the last few years, the 77-year old veteran of the company has been honored with several awards from several countries all over the world.
The event that happened in Detroit, the Chairman Emeritus was joined by former chairman of Ferrari Luca Di Montezemolo, and the chairman and founder of Penske Corporation, Roger Penske. The high profile event also honored Penske and Montezemolo for their great contributions to the auto industry.
Since1939, so far 250 names have been enlisted in the Hall of Fame, which includes Carl Benz, Henry Ford, Sergio Pininfarina, Ettore Bugatti, Ferdinand Piech, and Ferdinand Porsche.
Only those individuals that have had an uplifting influence on the auto industry and have remarkably impacted the same are inducted for the prestigious title.
Ratan Tata passed out from Harvard Business School and succeeded JRD Tata in 1991 as the Chairman of the Tata Group. He was recognized for remarkable contributions for the growth of the Tata Group, in the two decades of his tenure as the Chairman of the company.
Currently, the Tata Group comprises 96 companies spread across 56 countries globally, with a total workforce of above 5 lakh employees and revenues which account us$100 billion.
Ratan Tata is recognized as the brain behind the world’s most affordable car- Nano and also came into the limelight for acquisition of Jaguar Land Rover from Ford in 2008. The turnover of the two luxury car brand has secured jobs of above33, 000 people in England.